Little Update:
- the field where you can enter the value for the request has gone
- instead there is a little countdown to have an indicator that the tool still is active
- also there is shown a green square shown during the loading progress which normally fast disappering
if it is not appearing, there should be a problem with your internet-connection (maybe slow, or routing problem)
This is maybe helpful to see if there are loading problems.
You can test it, by loading the tool and turning off the internet after loading it:
The green Button should disappear after turning the internet on again.
Yes, that's a great addition. Very helpful! In this way we could easy see, why the Tool is "hanging". For example; if Mt. Gock-Ticker and/or Ticker on my Server is changing, and green light appearing long time on, it could be that you have a bad connection... usually green indicates everything is ready to go and working whereas red means everything has stopped and not working. so what does the temporary green light mean over the countdown? |
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my pop up won't populate the price.  |
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So we all up for another great day of trading? I must say Bitcoin is looking very very healthy these days  I predict we will kick over $7 in the next 24 hours and I predict the price will double within a month or 2. It's all looking very very good. based on your earlier return comments, i surmise that you decided to go ahead and make your buy. no matter, welcome to the bright side!!!! |
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Ok, I'm not sure I understand this change thing but I can accept it. Can you explain what the addresses on the left are?
Well they are related to change. Lets pretend your wallet has only 1 address with value. Address A. Since it is the only address you have used (via generate new address) button it is the only one you see. You have 10 BTC. So Address A - value 10 BTC. Now you may think you only have 1 address but actually you have another 100 addresses "hidden" inside the wallet in a keypool. So it actually is: Address A - value 10 BTC (visible) Address B .... Z - value 0 BTC (hidden) With me so far? Now say you send/transfer/spend some coins. You send me 4 BTC. You might think it works like this Address A - 10 - 4 = 6 BTC so your wallet has 1 address (address A) and it has 6 BTC. but it doesn't. Anytime you perform a transaction Bitcoin empties that address (there are uber geek reasons for why). So it actually works like this: Bitcoin makes a transaction FROM Address A transfering 10 BTC. 4 BTC go to me, the other 6 BTC go to another address you control (from the keypool). So after the transaction your wallet looks like this Address A - 0 BTC (visible) Address B - 6 BTC (hidden) Address C to Z - 0 BTC (hidden) Now imagine you send me another 2 BTC. You might think it is going to come from Address A right? I mean it is the only address in your wallet you see. However A has no value. Instead it will be transaction like this. Transaction FROM Address B - 6 BTC. 2 BTC to me, the other 4 go to a DIFFERENT address you control. So after the transaction your wallet looks like this Address A - 0 BTC (visible) Address B - 0 BTC (hidden) Address C - 4 BTC (hidden) Address D to Z - 0 BTC (hidden) Now I left a lot out like how keypool constantly "refiils" so you always have 100 "unused" addresses at all times but hopefully that makes more sense. TL/DR version: Your wallet contains more addresses than you think it does because anytime you send coins the "Change" is sent to a new unused address. There are tools to export your entire wallet and you will see all those "hidden" addresses and what value they have. nice explanation. |
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There is a difference between public key and bitcoin address. The bitcoin address is shown when funds are sent, but the public key is not shown until funds are sent from the address. A bitcoin address is a hash of a public key with checksum added.
Ah. So I guess the address would be safe in that situation? Not if a keypair can be created that fits the hash. But can it? hashes are one way functions. afaik thats impossible. |
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Jessi, more feedback on your tool.
So far so good, not a single pause or delay. Alarm's worked splendidly for me last night and today.
A suggestion for a minor improvement:
The Refresh Rate entry field is probably not necessary. Let me explain.
The 10 setting for refresh rate appears to be working very well, as per my testing and with other feedback., Also you had mentioned this refresh setting is based on Mt Gox's optimal API refresh requirements.
Because this tool is an alarm for BTC price change, and since the very most current price is needed at all times for this alarm to be worthwhile, having a user set refresh rate run longer than the optimal setting seems self-defeating. Someone could lose their shirt, or miss a buying opportunity if they can't react quickly enough to the most current price.
Since it is running so well at the default setting, if not faster than other Mt Gox Price charts/feeds, I would recommend that you simply remove this option altogether. I could see someone going and accidentally adding a zero for 100 seconds, or going below the optimal refresh rate which probably would not help anyway (as per Mt Gox API recommendations?).
I would simply leave a line that states "Set to optimal refresh rate of 10 seconds". Or perhaps, remove the refresh rate option for just the Mini-Window version?
Let me know your thoughts.
Glad to see your donations for the Alert Tool are growing; certainly well deserved.
SJ
Stews right on this one. i would never set it for longer than 10 and it doesn't help to set it lower than 10, so why have it? you could stick some other control feature in that space like a turn off flash button. it would be nice to turn off flash and sound while retaining the input alert price. |
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The "Bitcoin ATM" is on display at CES now. Good attention getter. Lots of interest. I have laid out a dozen of my 25 BTC coins (stickers peeled) they make a nice visual aid.
who's project is this? Yes, I would also like to know.. same. Wasn't it Todd Bethel(sp?) that was working on an atm for Bitcoin at one point? yes, Bethell. he and Jon Ryan Owens have been at odds. i'd like to get the straight story on that one. |
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Another possibility is that the professionals have been in the game all through 2011. Someone who knew what they were doing over this time period might have been able to get enough of a foothold to get the market down to...oh, I dunno...say $2.00 and accumulate much in the process of shaking a lot of the dumb-luck geeks out of the positions they acquired in the way early days.
+ 10 And now they are shaking out the weak hands before the next wave up. They want steady people holding BTC so that they don't panic and dump. +11 |
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you might like to take a look at kitco's app, it would be fab to have something similar for bitcoins (I requested it a while back) & if combined with your alarm function would be a big winner, also this alarm function ability if added to kitco's app would be very, very popular with their clients I'd imagine & perhaps they'd buy/lease the coding from you? http://applications.kitco.com/supportcenter/taskbar/index.htmltaskbar Bcast ftw thx for the tip. just downloaded the Android version. Jessi, you should make an Android version too! |
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I slept through the alarm.  Just plug in a 500 Watt Pioneer stereo system to your PC speaker out...that should do the trick. I have a Logitech Z305 plug-in laptop speaker which cranks the sound. gotcha, i have the Bluetooth version  |
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The "Bitcoin ATM" is on display at CES now. Good attention getter. Lots of interest. I have laid out a dozen of my 25 BTC coins (stickers peeled) they make a nice visual aid.
who's project is this? |
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What would a prudent guess of the true resistence
@ 6.90 - 7.25 be like?
2-3 times visible amount? More ? Less ?
If passing the resistence point fails again are we in for another round below 6?
For me the market is really a bit hot now. Really would hate to burn my fingers.
As I write this depth at $7.25 is about $156,000. I currently estimate that it would actually take closer to $400,000 to reach that level. this analysis assumes that the asks stay put in a ramp. they rarely do. depending on how fast and to what extent sellers pull down their orders we could be at $9 quickly and w/o much money required. it all depends on sentiment. |
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Suggestion: Remove the "Address Book" button from the UI and put that functionality within the "Send Coins" button. For example, once a user presses "send coins" a list of the users addresses would show below the essential input boxes. This prevents users from mistaking an address book for a list of their own addresses.
i think this makes sense. |
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actually i do think Bitcoin as a concept has tangible backing; by the Bitcoin network itself.
the Bitcoin network consists of all the people, fiat currency, and time that has been invested into the hardware, software, electricity, and innovation that comprises the network.
the Bitcoin network is also backed by the Internet itself; its openness and indestructibility which allows the free flow of information.
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I have been part of the Bitcoin community for more than a year, and I still think there is no decent article introducing Bitcoin in a non-technical way while presenting its numerous technical advantages... So I wrote one, based on cypherdoc's "digital gold" analogy: http://blog.zorinaq.com/?e=66thanks for the recognition. |
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Buy a cheap computer and never let it connect to the internet.
Download bitcoin on another computer and put it on a usb stick.
Install it on the new computer.
Create a wallet on it with 1,000,000 addresses (a big file harder to steal).
Encrypt it.
Copy the wallet back to the usb stick with at least one address for the wallet in a text file.
Trash the new computer (hammer nails through the hard drive and bury the hard drive).
Store the wallet in multiple locations.
Send all bitcoins you own to the address you saved.
Never access you savings wallet ever again.
a better cheaper version of this is to download Ubuntu onto a Live CD. start up your system off the CD and download Bitcoin and create a wallet. note down one address and email it to yourself. copy the wallet.dat over to a few Ironkeys and spread them around town. shut down Live CD session and all data is wiped from RAM. |
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There seems to be an unspoken assumption on this thread that banks won't be failing left and right themselves and therefore struggling to retain customer confidence.
Who is to say the reverse won't happen. A collapse in the fiat currency banking system that precipitates a flight of wealth into the relative safety and stability of the bitcoin network?
Yes, good point. good to see u back, Steve! |
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Went back in early this morning, after which I turned on Jessi's Magical Bitcoin Alert Tool, and went back under the covers for 3 hours. (hoping not to hear the growl of the bear, but the sound of the bulls!!)
Opened the laptop lid to be pleasantly surprised to find us now at $7.06 and still climbing.
Top of the mornin'! Did you get any sleep with our new Tool? Yes to some extent. But only because I sold my position before going to bed this evening, as the tool is still being perfected. Woke up super early, bought in again, turned the Alarm tool on and it seems near perfect now, and went back to bed. Happy to see us still on the march upward! How about you? to be honest i didn't use the tool. i just roll over and check my Android when i wake up and get curious. i'm all in and not a day trader. some of the best ramps occur in the middle of the nite. since i believe in Bitcoins long term future, the little swings don't bother me. the alarm makes for a fun toy though!! |
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i love all the Bears who were dumping and shorting into me @ $2. thank you.
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Went back in early this morning, after which I turned on Jessi's Magical Bitcoin Alert Tool, and went back under the covers for 3 hours. (hoping not to hear the growl of the bear, but the sound of the bulls!!)
Opened the laptop lid to be pleasantly surprised to find us now at $7.06 and still climbing.
Top of the mornin'! Did you get any sleep with our new Tool? |
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